Agoracom Blog

NEW: Evolving Gold (EVG:TSXV) Joins AGORACOM 100 With $18,000,000 In Its Treasury

Posted by AGORACOM at 10:18 AM on Saturday, November 29th, 2008

I am proud to announce that on November 28th, 2008, Evolving Gold Corp. (TSXV: EVG) (FSE:EV7) was added to the AGORACOM 100. The AGORACOM 100 is an exclusive group of great small-cap companies that provides investors with their first point of research when looking for their next great small-cap investment.

Investors will find Evolving Gold to be a worthy of inclusion in the AGORACOM 100 based on the following:

  • Evolving Gold has over $18 million in its treasury.
  • Evolving Gold is focused on its discovery property – Rattlesnake Hills, Wyoming. Assay results for the first seven holes reveal an intersection of 2.92 Grams/Tonne over 146 Meters (RSC 003) and 2.74 Grams/Tonne over 131 meters (RSC 007).
  • The Company has completed a 15 hole, 6,500 meter drilling program on this property with further assay results coming out over the next months. Evolving has the option to acquire 100% of the Rattlesnake Hills project.
  • Evolving also has 8 other gold properties primarily in Nevada including a lease agreement with Newmont Mining Corporation on four prospective gold properties (North Carlin District Properties) located within the prolific Carlin Gold Trend (see press release 12/5/2007).

Naturally, as a client of AGORACOM, you expect me to say nice things about the company … but its hard to argue with a junior that has $18 million in the bank during these tumultuous times for the industry.  The money is an indication of good management and projects that investors found worthy of their hard earned investment dollars.

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